Over this post and the next, I want to cover two types of intellectual property that seem to get confused a lot. Those types of IP are copyrights and trademarks. When entrepreneurs are just starting out on their first...
Use the Covid-19 Pandemic Wisely
With the economy teetering on heading into a severe recession, conventional wisdom would be that its time to pull back, to hang onto scarce resources. I disagree in one very important way. Now is the perfect time to...
Your NDAs May be Failing You
Almost every entrepreneur will wrestle early-on with a non-disclosure agreement. Sometimes, it is the entrepreneur herself or himself wielding the NDA; sometimes, it will be a potential business partner or supplier. New...
Wait, What? Solo Founders are More Successful
Data shows that startups founded by solo entrepreneurs are more successful that those founded by entrepreneurs with one or more partners. So says an April 30, 2019 article in Inc. written by Minda Zetlin. Ms. Zetlin’s...
Doom or Success? Knowing Your Financial Metrics
Conventional wisdom says that you can’t improve what you can’t measure. Many startup founders take this wisdom to heart, and they try to measure as many metrics as they can. Financial metrics help a startup analyze its...
Cybersecurity is Not Just for Big Companies Anymore
Cybersecurity has been a buzzy topic for the last couple of years. Almost all companies maintain information in electronic form, and when these companies connect to the internet, that electronic information is at risk...
The Right of Privacy is a Thing
There is a species of intellectual property to which many entrepreneurs give little thought – the Right of Publicity. The Right of Publicity is a person’s ability to control and profit from the commercial use of their...
Innvovation is Easy – If You Know the Process
PROCESS is 99% of innovation. That’s a great observation, but it doesn’t tell you the “how” of process. Here’s how to create an innovation process: (1) define what you do; (2) measure how you do it; and (3) whatever...
If VC’s Aren’t the Devil, What Are They?
Angels and VC’s are different breeds of cat. Let’s look at some of the macro criteria Angels and VC’s evaluate when deciding whether to make an investment. Understanding these investors’ different approaches will help...
So What Entity am I Supposed to Use Again?
The form of entity you choose is largely determined by how you see your business developing and what you think your exit strategy will be. If you think you have a scalable company that you intend to grow quickly and...
Welcome to Lexcela!
A warm welcome to all! In our blog, we hope to provide insights and nuggets of knowledge about legal topics of interest to startups – and businesses generally – that will help you on your journey. If there is ever a...